Royal Palms Beach Hotels PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 91 million compared to LKR 32.77 million a year ago. Net loss was LKR 29.45 million compared to LKR 29.65 million a year ago. Basic loss per share from continuing operations was LKR 0.59 compared to LKR 0.59 a year ago.
For the nine months, sales was LKR 154.24 million compared to LKR 81.88 million a year ago. Net loss was LKR 107.78 million compared to LKR 121.22 million a year ago. Basic loss per share from continuing operations was LKR 2.16 compared to LKR 2.42 a year ago.